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Thursday, October 29, 2009

Marr says at first glance the proposed deal with NB Power looks good

The President of Saint John Energy was at today's news conference concerning NB Power. Eric Marr tells CHSJ News, the entirety of the announcement came as a shock:

Marr says they never expected something so dramatic as a complete sale but, at first blush he says it looks like a pretty good deal for New Brunswick ratepayers.


Marr adds the devil is in the details and a lot of specific ones at this point are missing and will meet Provincial Officials in the coming weeks to find out what Saint John Energy's future role under this proposal is.